Financing the purchase of an existing business usually is easier than financing the startup of a new one.

Name: Financing the purchase of an existing business usually is easier than financing the startup of a new one.
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Financing the purchase of an existing business is generally easier because the business has a proven track record and assets to use as collateral. In contrast, a new business has no track record or assets, making it riskier for lenders or investors.

Financing the Purchase of an Existing Business Usually Is Easier